In 2023, the number of tourist accommodation establishments in France was slightly above 29.18 thousand. From the forecast data, the period from 2024 to 2028 indicates a minor yearly decline, dropping from 29.18 thousand in 2024 to 29.13 thousand by 2028. This represents a relatively stable but slight decrease, reflecting a trend where accommodations are consistently seeing a negligible reduction annually.
The year-on-year percentage decline is subtle, but the consistency of this decline could suggest underlying factors affecting the market. Looking at the five-year compound annual growth rate (CAGR), there is a slight negative trend, highlighting the minor contraction within the sector over this period.
Future trends to watch for:
- Impact of environmental sustainability policies on accommodation options
- Rise of alternative tourism accommodations like home-sharing platforms
- Potential economic influences and changing tourist preferences
